BS Chola MF declares 8% dividend

MUMBAI: DBS Chola Mutual Fund has declared a dividend of 8% under DBS Chola Hedged Equity Fund. The record date for dividend is October 16, 2007. All investors whose names appear on the register of unit holders as on October 16, 2007, would be eligible for dividend. The NAV of the scheme as on October 11, 2007 under the dividend option stood at Rs 11.88 per unit.